ETM 0.00% 2.1¢ energy transition minerals ltd

appendix 3b, page-10

  1. 4,606 Posts.
    lightbulb Created with Sketch. 224
    A little confused

    1) Why do capital raising if you are expecting to announce a substantial resource upgrade

    2) Why do capital raising if you already have enough cash

    3) Why issue 25million new shares to now have 151 million shares. That is a large percentage.

    I hope they did not rush into the issue just because their share price doubled from 10 cents.
 
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